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Step2247 [10]
2 years ago
12

Joshua invested $750 in an account paying an interest rate of

Mathematics
1 answer:
Maslowich2 years ago
5 0
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
Step-by-step explanation:
Giving the following information:
Joshua:
Initial investment (PV)= $750
Interest rate (i)= 0.0341/4= 0.008525
Number of periods (n)= 18*4= 72 quarters
Josiah:
Initial investment (PV)= $750
Interest rate (i)= 0.0285
Number of periods (n)= 18 years
To calculate the future value of each one, we need to use the following formula:
FV= PV*(1 + i)^n
Joshua:
FV= 750*(1.008525^72)
FV= $1,381.98
Josiah:
FV= 750*(1.0285^18)
FV= $1,169.74
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
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A\cap B - selected student is freshman is girl

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From the table you can see that girls that are freshmen are 4 from all 30 people, then Pr(A\cap B)=\dfrac{4}{30}. There are 18 girls, then Pr(B)=\dfrac{18}{30}. Substitute into the formula:

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Answer: Pr(A|B)=\dfrac{2}{9}.

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4 years ago
ryan takes a 30 centimeter by 72 centimeter sheet of paper and cuts from one corner of the paper to diagonally opposite corner.
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3 years ago
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at a grocery store, an uncooked beef roast is on sale for $5.99/lb. At the same grocery store, prepared roast beef is available
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Answer:

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Step-by-step explanation:

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